FERNLEA, NORTH COWTON, NORTHALLERTON, DL7 0ET - £570,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

FERNLEA is a very large extended detached house of 222m², built sometime before 1900, which could now be worth an estimated £655,980. It was last sold for £570,000 in January 2021, which was around 51% above the average January 2021 detached price in the North Yorkshire local authority area. The most recent EPC inspection was August 2020, where the current energy rating was E, and the potential energy rating was C.

FERNLEA Sold Prices

Land registry data shows three sales for FERNLEA since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the North Yorkshire local authority area for the corresponding sale date. All of the three FERNLEA sales were for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2021 21 JAN	£570,000	£377,195	51% above HPI
2002 10 MAY	£210,000	£160,451	31% above HPI
1998 7 AUG	£148,550	£106,206	40% above HPI

FERNLEA Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Yorkshire local authority area over time, sourced from the HPI. The three FERNLEA sales between August 1998 and January 2021 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the May 2002 sale was for 31% above the HPI. So the extrapolation line tracks at 31% above the HPI over time, until the January 2021 sale, where it rises to 51% above the HPI. The line then continues to track at 51% above the HPI.

What might FERNLEA be worth now?

FERNLEA might now be worth an estimated £655,980.

This is based on house price inflation of 15.1%, between January 2021 and February 2025, for detached houses, in the North Yorkshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 15.1% inflationary increase is applied to the most recent sale price for FERNLEA of £570,000 on 21st January 2021. For the value to have increased from £570,000 to £655,980 over the three years and eleven months to February 2025, the following assumptions must hold true:

• The value of FERNLEA has moved in line with the HPI for detached houses in the North Yorkshire local authority area.
• The January 2021 sale price of £570,000 represented a fair market value for the property.
• The size, condition, and specification of FERNLEA has not materially changed since January 2021.

How Large is FERNLEA?

FERNLEA is 222m², which includes one extension, according to the EPC inspection conducted in August 2020. This puts it in the largest 20% of detached houses houses in North Cowton, based on EPC data. The below chart shows the distribution of detached houses houses by size in North Cowton, and where FERNLEA lies on this distribution: 87% of detached houses houses are smaller than FERNLEA, and 13% of houses are larger. Note that EPC data is not available for all properties in North Cowton.

FERNLEA: Plot and Title Map

FERNLEA sits on a plot of roughly 0.277 of an acre, or 1,121m². The below map shows the location of FERNLEA, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of FERNLEA). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is FERNLEA?

FERNLEA is located in NORTH COWTON, in the DL7 postcode district. The below map shows the position of FERNLEA in NORTH COWTON.